Former Auto Parts
For Sale
Contact for pricing
Pending
5819 4th St, Lubbock, TX 79416
Former Advance Auto building with open retail layout, two restrooms, and one roll-up door on the west side.
Property Size6,753 SF
Days on Market309
Property Features for 5819 4th St
General Information
Standard status
Pending
Size
6,753 SF
Property subtype
Retail
Additional Details
Road Access
Yes
Listing Agency:
Coldwell Banker Commercial Capital Advisors
Listed By:
Jordan Wood · License #TX
(806) 317-4666
Source:
Crexi
Added: Dec 18, 2025
Changed: Oct 4
Last Checked: Oct 20 at 6:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Capital Advisors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This former Advance Auto building offers 6,753 square feet of open-concept retail space with two restrooms. The property includes one roll-up door located on the west side, supporting flexible access for retail operations.
The site is west of Frankford Avenue with 4th Street frontage on a major east/west thoroughfare connecting directly to Texas Tech University. The surrounding area includes established businesses and national retailers.
The tenant in-place is scheduled to vacate the premises in Feb/Mar of this year, creating an opportunity to lease the property following move-out.
The site is west of Frankford Avenue with 4th Street frontage on a major east/west thoroughfare connecting directly to Texas Tech University. The surrounding area includes established businesses and national retailers.
The tenant in-place is scheduled to vacate the premises in Feb/Mar of this year, creating an opportunity to lease the property following move-out.
Key Highlights
- Former Advance Auto building at 5819 4th St, Lubbock, TX
- 6,753 SF former retail building with open‑concept layout and 2 restrooms
- One roll‑up door on the west side of the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,234
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,304,680
$1.3M
Cap Rate 7%
$931,914
$931.9K
Cap Rate 9%
$724,822
$724.8K
Market Conditions
NOI Build-Up for 6,753 SF
Gross rent
$101.3K $15.00/SF
− Vacancy
−$8.1K −$1.20/SF
EGI
$93.2K $13.80/SF
− OpEx
−$28.0K −$4.14/SF
NOI
$65.2K $9.66/SF
Area
Lubbock, TX
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,304,680
Cap Rate 7%
$931,914
Cap Rate 9%
$724,822
Alternative Uses
Best Use
Retail
$931.9K
$815.4K – $1.09M
NOI $65,234 @ 7.0% cap · market cap 8.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M
NOI $119,172 @ 7.0% cap · market cap 14.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
258k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 51%
Dining 42%
Shops & Services 6%
Electronics 2%
Walmart
Superstores
132,175 visits/mo
0.4 miles
Raising Cane's Chicken Fingers
Dining
36,059 visits/mo
0.5 miles
SONIC Drive In
Dining
20,526 visits/mo
0.2 miles
Taco Bell
Dining
15,993 visits/mo
0.2 miles
Wendy's
Dining
10,059 visits/mo
0.2 miles
Demographics for 79416, TX
36,251
Population
16,094
Households
2.3
Avg Household Size
30
Median Age
39%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,129
Density / Sq Mi
$65,200
Median Household Income
$34,258
Median Earnings
$1,269
Median Rent
$196,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Former Advance Auto building with open retail layout, two restrooms, and one roll-up door on the west side.
Where is this storefront property located?
The property is located at 5819 4th St Lubbock, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Former Advance Auto building at 5819 4th St, Lubbock, TX; 6,753 SF former retail building with open‑concept layout and 2 restrooms; One roll‑up door on the west side of the property
